SHFA reports Rs. 2 million insider transactions in the last week

In multiple notifications sent to the PSX last week, Shifa International Hospital (SHFA) reported transactions by the Senior Management.

The transactions were carried out by Muhammad Kashif Khan, Rashid Javed, Sana Zeeshan, Muhammad Zahid, Muhammad Uzair, and Zeeshan Bin Ishtiaque who are the members of the Senior Management.

They sold a total of 12300 shares of the company for Rs. 138 per share and Bought a total of 3500 shares at Rs. 135 per share.

An insider selling stock in a company can sometimes raise concerns among investors. It may suggest various reasons, such as diversification of investments, personal financial needs, or even concerns about the company’s prospects.

The shares of SHFA were last trading at Rs. 136.00 today.